Gold has been around for thousands of years and still represents real money, Ian Plimer from KEFI Minerals and Francisco Blanch from Merrill Lynch told CNBC Thursday. Blanch recommends investing in the precious metal directly or a fund linked to its price.

Wall Street continued its downward trajectory Friday as investor pessimism sent global stocks sharply lower. Key Asian indexes fell two percent, while markets from London to Paris saw declines between three to five percent. The sell-off came despite major US initiatives this week to bolster the...

Sep. 15, 2008. Global markets were reeling Monday after a convulsive day on Wall Street that saw a leading US investment bank file for bankruptcy and other institutes scramble to merge as the credit crunch claimed one of its biggest victims yet. Stock prices plunged in Asia and Europe in the wake...

Global share prices sank on the news of Lehman's collapse, leaving the international financial markets in chaos. The world's central banks are pouring in funds to help calm the storm. Charlie D'Agata reports.

Sep. 15, 2008. Global markets were reeling Monday after a convulsive day on Wall Street that saw a leading US investment bank file for bankruptcy and other institutes scramble to merge as the credit crunch claimed one of its biggest victims yet. Stock prices plunged in Asia and Europe in the wake...

Complete video at: fora.tv Newscorp CEO Rupert Murdoch champions the open market and cautions against the "very dangerous move...towards protectionism" among international economies. "Open markets have benefited everybody, rich and poor alike," Murdoch argues. ----- According to research by the...

Newswire) - Wall Street's rally came to an end on Monday. The market ended slightly lower on refreshed worries over the health of financial firms. Yesterday the Australian market closed marginally higher as financial stocks surged. The benchmark S&P/ASX200 index gained 0.1%, or 3.2 points at...

Stock prices worldwide tumbled Friday as investors worried that a global recession may have already begun. On Wall Street, major indexes closed in negative territory and Asian markets plummeted for the third consecutive day. VOA's Mil Arcega has more.

Alexis Christoforous reports on the Fed's hints at a rate cut; and a bill that could mean higher prices at the supermarket. (CBSNews.com)

Crude oil prices continue to soar to $120 a barrel, as the rise in gas prices with the fall of the US dollar caused stocks to drop. Alexis Christoforous reports on today's top financial news.

Alexis Christoforous reports Wall Street awaits the Yahoo earnings report for its value compared to Google, Microsoft; gas prices hit another record high; and United raises fees to cover costs. (CBSNews.com)

Shoppers are suffering this holiday season. As Alexis Christoforous reports, food and gas prices are up, while the stock market takes a dive.

Gas prices are soaring with no end in sight, up 69 cents a gallon from this same time last year, as crude oil costs continue to rise. Alexis Christoforous reports on today's top financial news. (CBSNews.com)

Wall Street rallies for its best day in five years; the record run for oil continues with gas prices along for the ride; and Lehman Brothers announces massive layoffs. Alexis Christoforous reports. (CBSNews.com)

Alexis Christoforous reports on today's top financial news. Oil prices continue to rise to all time highs, as crude briefly topped a $117 a barrel. Google stocks surged while Citibank faced losses. (CBSNews.com)